Question: Please help me. 1. i) Consider the following production function: Y = AK (hL)l_ , where Y is total output, A is a measure of

Please help me.

1. i) Consider the following production function: Y = AK \"(hL)l_\" , where Y is total output, A is a measure of productivity, K is total capital, h is the amount of labor input per worker, and total labor input is hL. Convert to per-worker output. Solve for the percentage change in output per worker, and then rearrange your answer to show the percentage change in productivity. Show at least 5 steps. Explain to me in words what the equation says, and pretend I am a dumb ten-year old kid who doesn't know fancy language

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